Tennessee Code 45-4-1208 – Primary shares – Dividends – Withdrawing credit unions
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Terms Used In Tennessee Code 45-4-1208
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
On July 1, 1995, primary shares of the corporation shall automatically be converted to membership shares of the corporation.